Cuba, MO, has a cost of living index that compares favorably to the nationwide average of 100. The overall cost of living index in Cuba stands at 85, indicating that residents spend slightly less than the average American household. Notably, Cuba's lower housing index of 80 contributes to this more affordable living experience.
Specifically, housing prices in Cuba are 20% below the national average, while groceries and utilities remain close to the national standard. This mix of moderately lower and comparable costs makes Cuba an attractive option for budget-conscious job seekers.
The cost of living index in Cuba, Missouri, offers valuable insights for those considering this area. When compared to the nationwide average, set at 100, several categories show significant differences. For instance, housing in Cuba stands at 80. This means that housing costs are 20% lower than the national average. Such savings can be particularly attractive for individuals and families seeking affordable living options.
In other areas, Cuba's cost of living remains competitive. Groceries in Cuba are priced at 90, just 10% below the national average. Utilities follow closely with an index of 95, which is 5% lower. Transportation also shows a modest 5% reduction at 85. Healthcare costs are 25% lower, with an index of 75, offering potential savings for residents. Finally, miscellaneous expenses stand at 88, only 12% below the average. These factors together paint a picture of a cost-effective living environment in Cuba, Missouri.
